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- H.R.4305
H.R.4305: To amend the Internal Revenue Code of 1986 to provide increased expensing for section 179 property in the Gulf Opportunity Zone.
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about emergency management
- Introduced Nov. 10, 2005
- Latest Major Action Nov. 10, 2005
Bill Sponsor
Bill Cosponsors
15 (All Republicans)
Bill Summary
Amends the Internal Revenue to increase the expensing allowance (i.e., a tax deduction in the current taxable year) for the cost of Gulf Opportunity Zone property placed in service in the Hurricane Katrina disaster area.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Nov. 10, 2005 |
Introduced in the House by Marilyn N. Musgrave (R-Colo.) |